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4000 Horizon Hill

Class: B
Year: 1984
Style: Garden-Style

Acquired Date: June 2018
Address: 4000 Horizon Hill, Austin, TX 78229
Property URL: 4000horizonhill.com

Investment Summary

4000 Horizon Hill is a Class B community built in 1984. Acquired in June 2018, this 273 Unit Garden-Style development is a modernized condo-style apartment community tucked away in lush, tropical surroundings. Conveniently located in San Antonio’s Medical District, Horizon hill in centrally located near UTSA University and the University Health Science Center. Our residents are able to visit all areas of San Antonio in minutes with easy access to major highways, I-10 & 410. Residents enjoy updated floor plans, a modern fitness facility, three swimming areas with tanning decks and complimentary Wi-Fi in the co-working center. This community is pet friendly, well-staffed, and has a 24-hour maintenance team.

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Common area amenities

  • Gated Community
  • Three Swimming Pools w/Sundecks
  • 24-Hour Access Package Lockers
  • Co-Working/Business Center
  • 24-Hour Fitness Center
  • Pet-Friendly – Dog Walking Trails & Pet Stations
  • Outdoor Kitchens with Pergolas
  • Two Large Clothing Care Centers
  • Covered Parking Available

Interior Amenities

  • Washer & Dryer Connections*
  • Black Appliances*
  • Faux Granite Countertops
  • Faux Hardwood Flooring/Carpet
  • Fireplace*
  • Walk-In Closets
  • Private Patio or Balcony
  • Ceiling Fans
  • Tile Backsplash in Kitchen*
* In Select Units

Business Plan

The plan for Horizon Hills was to remodel the fitness center, add a dog park and enhance the landscaping. For the interiors, we plan to upgrade the units by adding granite countertops, backsplashes, Faux hardwood, add microwaves, and USB ports. Horizon Hill and Knoll Crest were purchased through the Alamo2Prop combined investment opportunity. Alamo2Prop was refinanced, returning 32% of the investors initial capital. Due to the execution of the business plan, the combined property values increased over $6 million within two years of ownership.

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